Quote:
Originally Posted by Izzle
None. You probably know better but doesn't China have plans to peg their crypto to their currency?
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There may be a crypto backed to a reserve currency at some point, but it kind of defeats the purpose but it may be popular for staking perhaps.
I believe USDT and USDC get good staking rates on crypto.com because of their stability.
You are correct China is trying to push a crypto coin based on their currency. A big reason why they have banned BTC numerous times and it seems like have gotten rid of a lot of mining operations as well.